Even if garment factories are wholly Chinese-owned and utilise components made in China, they could get pleasure from relaxed tax regimes and quotas when exporting to Europe and the United States, offered solutions are assembled in Cambodia. Having said that, in August 2020, the EU partly withdrew Cambodia’s EBA privileges because of human rights fears. This withdrawal impacts twenty% of exports into the EU, generally garments—and that is A serious concentrate for companies operating inside the SSEZ.
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The relatives has considerable company passions in agriculture, Strength, real estate property, and mining, among the Many others. This includes controversial coal energy plants, massive agricultural concessions that resulted in significant conflicts with nearby individuals, as well as the notorious Boeung Kak Lake advancement, which evicted A huge number of households to create way to get a higher-finish property development in Phnom Penh.
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